401(k) · DOL Form 5500 · 2023

Northrop Grumman Corporation 401(k) Plan

Data updated 2026-08-11

$489M
Total assets
916
Participants
97th
Percentile by assets
$533,860
Avg per participant
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Official DOL plan name: Ng Financial Security and Savings Program · Sponsored by Northrop Grumman Corporation · Virginia · Manufacturing

$489M in assets, 916 participants

Northrop Grumman Corporation's Ng Financial Security and Savings Program reported $489M in total assets and 916 participants in its 2023 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 97th percentile by assets (of 127,072 plans)
  • #17,915 in Manufacturing (18,722 peers)

Where Ng Financial Security and Savings Program sits by assets

Ng Financial Security and Savings Program sits in the top 5% of all filed plans by assets, $489M for 916 participants (~$533,860/participant), up 2.2% in 2023.

$489M
total plan assets (2023 EOY)
916
covered participants
97th
percentile by assets (of 127,072 plans)
$533,860
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ng Financial Security and Savings Program reported net income rose from -$119M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Ng Financial Security and Savings Program reported participants fell from 1,003 in the plan year 2022 filing to 916 in the plan year 2023 filing.
  • Ng Financial Security and Savings Program end-of-year assets rose from $478M in the plan year 2022 filing to $489M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Ng Financial Security and Savings Program vs the 2023 asset distribution

By assets, Ng Financial Security and Savings Program outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 4.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$478M
Net Assets (End of Year)$489M
Net Income$16M
Employer EIN800640649
Plan Effective Date1984-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northrop Grumman Corporation)

$60B$65B$70B$75B 202220232024 $62.8B $70.6B â–˛ +12.4%
Total plan assets by year, all Northrop Grumman Corporation plans on file
Year Plans Participants Total Assets
2022 8 119,474 $62.8B
2023 8 122,852 $67.7B
2024 8 127,891 $70.6B

Nearby 401(k) Plans in Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Ng Financial Security and Savings Program vs. nearby 401(k) plans in Virginia, assets vs. participants

Ng Financial Security and Savings Program vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Ng Financial Securit…Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Leidos, Inc. Retirem…Bae Systems Employee…
Ng Financial Security and Savings Program vs. nearby 401(k) plans in Virginia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ng Financial Security and Savings Program by total assets, not by location.

Frequently Asked Questions

How did Ng Financial Security and Savings Program assets move in 2023?
Ng Financial Security and Savings Program edged up modestly - up 2.2% during 2023, from $478M to $489M. Reported net income was $16M.
How have Northrop Grumman Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Northrop Grumman Corporation's sponsor-wide assets grew 12.4%, from $62.8B to $70.6B.
Where does Ng Financial Security and Savings Program rank by assets among Form 5500 filers?
Ng Financial Security and Savings Program ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Ng Financial Security and Savings Program?
Among 401(k) plans in other states, the closest by assets is Hydro Extrusion USA, LLC Savings Plan in IL ($489M, 5,924 participants).

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